NAED News

What's in Store for 2024? NAED's Newest Economic & Industry Sector Outlook is Now Available!

Written by NATIONAL ASSOCIATION OF ELECTRICAL DISTRIBUTORS | January 29, 2024

The latest economic news continues to defy expectations, for the better, as we look to 2024 in the January edition of the Economic & Industry Sector Outlook. Overall, the expectations around sales and revenues are still positive, particularly for those sectors focusing on technology and connectivity. This edition includes 2024 forecasts for the following sectors:

  • Overall economy 
  • Auto 
  • Data Centers 
  • Education 
  • Electrical  
  • Hospital and Medical 
  • Single-Family and Multi-Family 
  • Oil & Gas  

You will also find updated numbers from Q3 2023 for NAED’s exclusive Construction Index, including quarter-over-quarter changes and year-over-year changes for 105 Metropolitan Statistical Areas (MSAs).   

Thanks to the generous contributions of Schneider Electric and Hubbell, the Outlook is free to distributor members.  

 Distributors can download the new report here. For other questions, contact NAED’s Member Engagement Team at memberengagement@naed.org